Living Expenses during MBA

What should be a good estimate for Living Expenses for 2 years if ones makes it into M7? Different websites tell me a figure ranging between 60-80k is a good estimate. However I also hear due to the number of Networking events which might also include taking prospective employers out for drinks/dinner that number can go upto 100k for 2 years. Can someone throw light on this? Or share a relevant thread?

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